Cryptocurrency Analysis and News Portal
Chainalysis valuation and growth are not common in the crypto space as the $1 billion valuation is quite rare and particular for a blockchain data analytics service firm.Blockchain analysis company Chainalysis is set to increase its valuation to $1 billion following its next scheduled Series C funding round that will
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Cryptocurrency investigation firm Chainalysis expects to raise $100 million venture capital at a $1 billion valuation as early as next week, the company told Forbes. The Series C is being led by VC newcomer Addition with participation expected from Accel, Benchmark and Ribbit, Forbes reported. Those three firms have all
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The new service launch comes just one week after federal agents announced the seizure of over $1 billion in bitcoin. Source
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In the 11 years since the inception of the crypto industry, malicious parties have used digital assets for a spate of illegal activities, from drug payments to money laundering. Blockchain analytics firm Chainalysis is launching a new service to help authorities track, custody and sell cryptocurrencies associated with crime after
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Analyzing cryptocurrency markets may seem easier than traditional markets because blockchain technology has more built-in transparency, enabling anyone to analyze and audit on-chain data. Simultaneously, however, there are challenges to zeroing in on forward-looking numbers that give insights into current and future price trends. Philip Gradwell, chief economist at the blockchain
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Wyoming’s chief banking regulator has turned to Chainalysis for “beefing up” his division’s monitoring capabilities of illicit cryptocurrency activities. Under a one-year deal disclosed to CryptoX Thursday, Chainalysis will train senior examiners on crypto tracing practices and grant two monitoring software licenses – plus investigatory support – to the Division of
Read MoreRecent data published by Chainalysis revealed a surprising first place for Ukraine in the Global Crypto Adoption Index 2020, followed by Russia and Venezuela.The Index looks at three on-chain metrics: the total value of on-chain crypto transactions weighted by purchasing power per capita (PPP), the value of on-chain retail transfers
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Several Australian companies have turned to Chainalysis products in a bid to improve their regulatory compliance and reduce risks for users. Source
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Cryptocurrencies — and Tether (USDT) in particular — could be playing a key role in recent capital flight from China, according to a new report from blockchain analytics firm Chainalysis.The report states that over 44% of crypto transactions in East Asia are conducted with counter-parties within the region, making it
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The defrauded bitcoin amassed during Wednesday’s monumental Twitter hack is already “on the move,” according to cryptocurrency tracing firm Chainalysis. Source
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